Most homes now measure their broadband speeds in megabits per second. A gigabit is 1,000 megabits. Cable and other Internet providers are adding faster and faster digital connections as customers demand more streaming video, complex digital games and other services that require more bandwidth.
The minimum payment for a credit card is the greater amount between $10 or 2% of the balance. If you charge $2000 and have no interest, your minimum payment for the first month would be about $40. Of course month after month your minimum payment will go down (assuming you don't charge anything other than the $2000).
Strategy #1: Pay more than the minimum payment. If you carry the average credit card balance of $15,609, pay a typical 15% APR, and make the minimum monthly payment of $625, it will take you 13.5 years to pay it off. And thatâs only if you donât add to the balance in the meantime, which can be a challenge on its own. Whether youâre carrying credit card debt, personal loans, or student loans, one of the best ways to pay them down sooner is to make more than the minimum monthly payment.